Required information [The following infomotion applies to the questions displisyed below] Deliberate Speed Corporation (DSC) was incorporated as a private company. The company/s accounts included the following of Jine 30 During the month of July, the company hod the following activaies: a. Issued 5,200 shares of common stock tor $520,000 cash. b. Borrowed $12,000 cash from a local bank, payable in two years c. Bought a building for $207,000, poid $105,000 in cash end signed a three-year note for the bolance d. Paid cash for equipment that cost $230,000 e. Purchased supplies for $4$.250 on account. Summarize the joumal entry effects by possing them to T-accounts. Required information [The following infomotion applies to the questions displisyed below] Deliberate Speed Corporation (DSC) was incorporated as a private company. The company/s accounts included the following of Jine 30 During the month of July, the company hod the following activaies: a. Issued 5,200 shares of common stock tor $520,000 cash. b. Borrowed $12,000 cash from a local bank, payable in two years c. Bought a building for $207,000, poid $105,000 in cash end signed a three-year note for the bolance d. Paid cash for equipment that cost $230,000 e. Purchased supplies for $4$.250 on account. Summarize the joumal entry effects by possing them to T-accounts